ABOUT US

2014

Financial Report 2014

Revenues in 2014 consisted of sponsoring from private individuals and companies (approx. EUR 3,000) and a Myanmar project subsidy from the Ministry of Foreign Affairs. The latter will be utilised in both 2014 and 2015. Expenditures concerned the Myanmar project along with the website, the presentation event, the expansion of our network and the generation of new project ideas.

The equity base on 31 December 2014 was approx. EUR 700 in the negative. A substantial (non-recurring) investment was made in the website over the course of 2014. We anticipate more revenues in 2015, in part because a margin on the Myanmar project RAM (2014–2015; 7.5% of the project costs) has not yet been realised among the revenues for 2014. For that reason, the Board of Directors consider the small negative equity base on 31 December 2014 to be acceptable.

Profit and loss 2014

Revenues

Donations from private individuals (general)

2549.47

Donations from funds / companies (general)

500

Donations from private individuals (specific)

0

Donations from funds / companies(specific) (Myanmar project RAM)

65,000

Other

0

68,049.47

Expenditures

Board

260

PR and marketing

1151.32

Financial costs

84.51

Website

5186,42

Foundation costs

7.5

Expansion of network/research

1484.34

Freelance support of organisation

0

Other costs

0.29

Projects

Vietnam Red Over the Rainbow

1195

Cambodia Karma?

1221.63

Cambodia RoCK

269.96

Myanmar &PROUD photo competition

700

Philippines A Butterfly Taboo

636.98

Myanmar project RAM

31,332.6

43,530.55

Balance on 31 December 2014

Assets (debit)

Fixed assets (land, buildings)

0

Current assets (supplies, accounts receivable)

0

Liquid assets on 31 December 2014(balance in Triodos bank)

55,657.98

Liabilities (credit)

Equity base (longer than a year)

– 696.37

Long-term liabilities (longer than a year)

0

Short-term liabilities (shorter than a year)(funds received in advance for the Myanmar project RAM)